Clean Energy Technologies, Inc. (NASDAQ:CETY) Sees Large Increase in Short Interest

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 121,700 shares, a growth of 57.0% from the October 31st total of 77,500 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily volume of 75,100 shares, the short-interest ratio is currently 1.6 days.

Institutional Trading of Clean Energy Technologies

An institutional investor recently bought a new position in Clean Energy Technologies stock. Lwmg LLC purchased a new position in Clean Energy Technologies, Inc. (NASDAQ:CETY) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,405,719 shares of the company’s stock, valued at approximately $1,856,000. Clean Energy Technologies makes up about 0.4% of Lwmg LLC’s investment portfolio, making the stock its 26th biggest holding. Lwmg LLC owned about 3.27% of Clean Energy Technologies as of its most recent filing with the SEC. Institutional investors own 0.49% of the company’s stock.

Clean Energy Technologies Stock Performance

Shares of Clean Energy Technologies stock remained flat at $0.69 during trading on Friday. The stock had a trading volume of 24,116 shares, compared to its average volume of 194,595. Clean Energy Technologies has a 12 month low of $0.45 and a 12 month high of $2.39. The stock has a market cap of $31.08 million, a P/E ratio of -4.32 and a beta of 0.37. The company has a fifty day simple moving average of $0.81 and a 200-day simple moving average of $1.06.

Clean Energy Technologies Company Profile

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.